Freddie Mac Issues Bulletin On Handling Cryptocurrency in Mortgage Lending
The Federal Home Loan Mortgage Corporation, more commonly referred to as Freddie Mac, has recently issued Bulletin 2021-36, which details how the company will deal with cryptocurrency. The new bulletin is meant to address the growing influence of these digital assets, and the extent to which they are now publicly traded. However, cryptocurrency advocates are unlikely to be pleased with Freddie Mac’s assessment, which puts little faith in their stability as an asset.